Cash discount received would be shown in the?

By: |Published on: Aug 19|Categories: Accounting WAEC| 0 comments

i. cash book

ii. discount received account

iii. supplier’s account

A. i and iii
B. i, ii, and iii
C. iii
D. i and ii
E. ii and iii

Correct Answer:

Option B – i, ii, and iii

Users Also Read These:

SEE ALSO  Assuming the closing stock was valued at N19 000 at the end of November; what was the gross profit?

Copyright warnings! Do not copy.